M6 for July

M6	06/30/14	07/31/14
M2	11317.3	11438.6
Public Debt	12566.4	12645.6
Fed Owned	-2397.0	-2420.3
G30 stocks	7203.6	7190.9
	28690.3	28854.8
		100.57%

See also M6 for June.

So what does this mean?  First, read my previous explanation. M6 is what I call my own proprietary measure of money supply.  Every month, we expect this number to increase about half percent per month, so this is perfect.  The public debt never needs to be paid back as it is just part of the money supply.  If stocks drop, like in a recession, the public debt will increase to compensate.